PracticeVideosBlogFlashcardsEspañol
All Practice Exams

100+ Free BCS Written Accounting Practice Questions

Prepare for the BCS Written Post-Related Accounting, Subject Code 701, Total Marks 200 exam with instant access — no signup required.

✓ No registration✓ No credit card✓ No hidden fees✓ Start practicing immediately
100+ Questions
100% Free

Loading practice questions...

Same family resources

Explore More Bangladesh Civil Service (BCS) Exams

Continue into nearby exams from the same family. Each card keeps practice questions, study guides, flashcards, videos, and articles in one place.

BCS Preliminary Test (BPSC, Bangladesh)

Practice Questions

BCS Viva Voce (BPSC, Bangladesh)

Practice Questions

BCS Written Compulsory: Bangla (BPSC, Bangladesh)

Practice Questions

BCS Written Compulsory: Bangladesh Affairs (BPSC, Bangladesh)

Practice Questions

BCS Written Compulsory: English (BPSC, Bangladesh)

Practice Questions

BCS Written Compulsory: General Science & Technology (BPSC, Bangladesh)

Practice Questions
2026 Statistics

Key Facts: BCS Written Accounting Exam

200 marks

Post-related Accounting paper (Subject Code 701)

BPSC BCS written syllabus

100 / 50 / 25 / 25

Financial accounting / cost accounting / auditing / income tax marks

BPSC BCS written syllabus, Accounting

50% aggregate

Written-stage qualifying standard on 900 marks

BPSC BCS examination page

4 hours

Usual sitting time for a 200-mark BPSC written paper (confirm routine)

Longstanding BPSC written sitting practice

Tk. 200 / Tk. 50

50th BCS general / reduced application fee (no separate written fee)

50th BCS circular reporting (confirm live circular)

Descriptive

Official item type; this bank is an English MCQ study adaptation

BPSC written syllabus and site practice-disclosure rule

BPSC Accounting (code 701) is a 200-mark descriptive written paper (Part I financial 100; Part II cost 50, audit 25, tax 25) inside the 900-mark written stage. Written pass is 50% aggregate; sitting time is typically 4 hours. This page offers 100 English MCQs as a study aid, not an official-paper simulation.

Sample BCS Written Accounting Practice Questions

Try these sample questions to test your BCS Written Accounting exam readiness. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.

1In financial accounting, the primary definition of accounting is that it is a process of:
A.Auditing tax returns for the National Board of Revenue
B.Setting product selling prices for a factory
C.Identifying, measuring, recording, and communicating economic information to users
D.Preparing only cash budgets for managers
Explanation: Accounting identifies, measures, records, and communicates financial information so users can make decisions. That full information cycle is the standard introductory definition in the BPSC financial-accounting syllabus. Costing or tax audit are specialised uses, not the general definition.
2The main objective of financial accounting is to:
A.Record only cash receipts and ignore credit sales
B.Minimise the firm’s income-tax assessment regardless of economic events
C.Replace the need for an independent audit
D.Provide periodic financial statements that fairly present results and position to external users
Explanation: Financial accounting’s core objective is to present the entity’s performance and financial position to external users through periodic statements. Tax minimisation, audit substitution, and pure cash recording are not that objective.
3Which group consists of external users of financial accounting information?
A.Shop-floor supervisors planning tomorrow’s shift
B.The entity’s cost accountant allocating overhead
C.Investors, lenders, and tax authorities
D.The board’s internal budget committee only
Explanation: External users sit outside day-to-day management: investors, creditors/lenders, regulators, and tax authorities. Supervisors, cost accountants, and internal budget committees are internal users who rely more on management and cost accounting.
4If assets are Tk 180,000 and liabilities are Tk 70,000, owner’s equity is:
A.Tk 250,000
B.Tk 70,000
C.Tk 110,000
D.Tk 180,000
Explanation: The basic equation is Assets = Liabilities + Equity, so Equity = Assets − Liabilities = 180,000 − 70,000 = Tk 110,000. Adding the two figures or repeating assets/liabilities misses the residual interest.
5The going-concern GAAP guideline assumes that the entity will:
A.Be liquidated within the next reporting period
B.Revalue every asset to scrap value each year
C.Continue operations for the foreseeable future unless evidence shows otherwise
D.Ignore unpaid liabilities because they will never be settled
Explanation: Going concern assumes the business will continue operating, which supports historical-cost carrying amounts and depreciation rather than immediate liquidation values. Liquidation accounting is used only when that assumption fails.
6The matching principle requires that:
A.Cash received this week be recorded as next year’s revenue
B.Owner drawings be treated as operating expenses
C.All capital expenditure be written off on the day of purchase
D.Expenses be recognised in the same period as the revenues they help to generate
Explanation: Matching places expenses in the period of related revenue (for example, cost of goods sold against sales). It is an accrual operating guideline, not a cash or drawings rule.
7Under the double-entry rule, an increase in an asset account is recorded as a:
A.Credit to the asset
B.Credit to drawings
C.Debit to the asset
D.Debit to a liability
Explanation: Assets have debit balances, so increases are debited and decreases credited. The opposite rule applies to liabilities and equity.
8In the recording process, the journal’s distinctive role compared with the ledger is that the journal:
A.Shows the running balance of one account only
B.Is the formal trial balance presented to shareholders
C.Records complete transactions in chronological order with debit and credit together
D.Replaces the need for source documents
Explanation: The book of original entry records each transaction chronologically with both sides together. The ledger then posts those lines into individual accounts. Journals do not replace source documents or serve as the trial balance.
9A trial balance is prepared primarily to:
A.Prove that every transaction was recorded in the correct nominal account
B.Compute taxable income for NBR
C.Test the arithmetic equality of total debit and total credit ledger balances
D.Replace the cash-flow statement
Explanation: A trial balance lists ledger balances to check that total debits equal total credits. Equal totals do not prove that the right accounts were used, and it is not a tax return or cash-flow statement.
10At year-end, accrued wages of Tk 8,000 have not been paid or recorded. The adjusting entry is:
A.Debit Cash Tk 8,000; credit Wages expense Tk 8,000
B.Debit Wages payable Tk 8,000; credit Wages expense Tk 8,000
C.Debit Wages expense Tk 8,000; credit Wages payable Tk 8,000
D.Debit Drawings Tk 8,000; credit Cash Tk 8,000
Explanation: Accrued wages are an incurred expense not yet paid, so expense is debited and a liability (wages payable) credited. No cash moves until payment.

About the BCS Written Accounting Exam

BCS Written Post-Related Accounting (Subject Code 701) is a 200-mark descriptive paper set by the Bangladesh Public Service Commission for technical/professional cadre and dual-cadre applicants. Part I (100 marks) covers financial accounting: GAAP and IAS, the recording process, inventory and LCM, cash and bank control, depreciation, cash-flow statements, share capital and bonus shares, integrated accounts in Bangladesh sector corporations, CAG and government accounting, green accounting, and statement analysis. Part II (100 marks) covers cost accounting (50), auditing (25), and income tax (25). Official papers require written answers, not MCQs. This free bank is an English-language MCQ study adaptation of the BPSC syllabus—not an official translation, format simulation, or substitute for writing practice.

Assessment

200-mark descriptive written paper in two parts (BPSC syllabus): Part I Financial Accounting 100 marks; Part II Cost Accounting 50, Auditing 25, and Income Tax 25. Technical/professional cadre and dual-cadre applicants sit this post-related paper as part of the 900-mark written stage. This bank is an English-language MCQ study adaptation, not an official translation or format simulation.

Time Limit

4 hours is the duration used for BPSC 200-mark written papers on this site and in longstanding BPSC sitting practice; confirm the current written routine

Passing Score

50% aggregate on the 900-mark written examination (BPSC page); per-paper minima also apply as set by BPSC. Confirm the current circular.

Exam Fee

Tk. 200 general (50th BCS); Tk. 50 for ethnic minority, persons with disabilities, and third-gender applicants; no separate written or viva fee. Confirm the live circular. (Bangladesh Public Service Commission (BPSC))

BCS Written Accounting Exam Content Outline

100/200 (50%)

Part I Financial Accounting

Definition, users, GAAP and IAS, journals through financial statements, perpetual and periodic inventory with LCM, internal control and bank reconciliation, depreciation, cash-flow statements, share issues, treasury and preferred stock, dividends and bonus shares, integrated accounting in Bangladesh sector corporations, CAG and government accounting, environmental accounting, and vertical/horizontal analysis.

50/200 (25%)

Part II-A Cost Accounting

Meaning and methods of costing, financial versus cost versus management accounting, materials, labour and overhead, job, batch and contract costing, process costing with WIP, equivalent production, by-products and joint products, budgetary control, and elementary standard costing.

25/200 (13%)

Part II-B Auditing

Audit objectives, procedures, techniques and programmes; errors and frauds; internal audit, internal check and internal control; vouching, verification and valuation; auditor duties and liabilities; and auditing standards and the profession in Bangladesh.

25/200 (12%)

Part II-C Income Tax

Principles of public finance and objectives of taxation, types of taxes in Bangladesh, incidence, characteristics and heads of income, assessment ideas for individuals and companies, and income-tax authorities in Bangladesh.

How to Pass the BCS Written Accounting Exam

What You Need to Know

  • Passing score: 50% aggregate on the 900-mark written examination (BPSC page); per-paper minima also apply as set by BPSC. Confirm the current circular.
  • Assessment: 200-mark descriptive written paper in two parts (BPSC syllabus): Part I Financial Accounting 100 marks; Part II Cost Accounting 50, Auditing 25, and Income Tax 25. Technical/professional cadre and dual-cadre applicants sit this post-related paper as part of the 900-mark written stage. This bank is an English-language MCQ study adaptation, not an official translation or format simulation.
  • Time limit: 4 hours is the duration used for BPSC 200-mark written papers on this site and in longstanding BPSC sitting practice; confirm the current written routine
  • Exam fee: Tk. 200 general (50th BCS); Tk. 50 for ethnic minority, persons with disabilities, and third-gender applicants; no separate written or viva fee. Confirm the live circular.

Keys to Passing

  • Work through all 100 available questions
  • Review every answer and explanation
  • Track weak areas and revisit them
  • Use our AI tutor for tough concepts

BCS Written Accounting Study Tips from Top Performers

1Weight revision to the official marks: half your time on financial accounting, a quarter on costing, then auditing and tax.
2Practise full workings for depreciation, inventory, bank reconciliation, ratios, job costing, and equivalent units—the official paper is computational as well as conceptual.
3For government accounting, distinguish the CAG's constitutional audit role from departmental accounts-keeping after departmentation of accounts.
4For income tax, master heads of income and authority structure; do not memorise unverified current rates.
5Use these MCQs to lock concepts, then write timed descriptive answers. The real paper is not multiple choice.

Frequently Asked Questions

What is BCS Written Post-Related Accounting?

It is Subject Code 701 in the BPSC BCS written syllabus: a 200-mark post-related paper for technical/professional cadre and dual-cadre applicants. Part I is Financial Accounting (100 marks). Part II is Cost Accounting (50), Auditing (25), and Income Tax (25).

Is the official Accounting paper multiple choice?

No. BPSC sets it as a 200-mark descriptive written paper. This bank is an English-language MCQ study adaptation to drill syllabus concepts. It is not an official translation, not a format simulation, and not a substitute for writing full answers under timed conditions.

How long is the paper and what is the pass mark?

BPSC 200-mark written papers are commonly sat in 4 hours; confirm the current routine. BPSC requires 50% aggregate on the 900-mark written examination, with per-paper minima as set for the cycle.

Is there a separate fee for the written Accounting paper?

No. One BCS application fee covers preliminary, written, and viva. For the 50th BCS cycle, published reporting lists Tk. 200 general and Tk. 50 for specified reduced categories. Confirm the live circular.

Does this bank use current NBR tax rates?

No. Questions test heads of income, classification, incidence, and tax authorities. They do not treat unverified current Bangladesh tax-rate figures as facts. Check NBR circulars for live rates when you write the official paper.

In what language is this practice bank?

This bank is an original English-language MCQ study adaptation of the BPSC Accounting syllabus. Official written papers may be answered in Bangla or English as allowed by BPSC. The bank is not an official translation of a BPSC paper.